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Funding priorities

Making the most of our contributions

The mission of the Securian Foundation is to enhance the quality of life and vitality of our community by investing in nonprofit organizations that make a positive difference and advance the common good.

We believe we can make the biggest impact when we direct our resources to specific community needs. The Securian Foundation prioritizes our support to four main categories.

Economic independence

We strongly believe in the importance of self-reliance and we place a high priority on programs that encourage, develop and sustain economic independence.

Examples include job skill training, job placement services, work readiness and career development programs for unemployed or underemployed and disadvantaged individuals.

Education

We support higher education and its contributions to the economic health and vitality of our community.

We support private colleges and universities, typically through joint federated campaigns. We consider contributions to tax-supported colleges and universities only if the program is unavailable through private colleges or if it meets a specific community need.

Math, economics and business receive the highest priority, as well as youth development programs that encourage the pursuit of higher education.

Human services and special community needs

We provide major operating funding to the United Way in support of a wide array of human services, community support and health organizations.

In addition to funding from the Securian Foundation, Securian organizes a sizable associate fundraising campaign each year. Together our giving totals more than $1 million annually.

Because of this strong support, we do not generally consider additional requests for operating support from organizations receiving United Way funding. However, United Way agency programs that do not receive United Way funding may be considered for funding.

We also consider funding organizations demonstrating a service in an area of unmet need that do not receive support from the United Way.

The arts

The Securian Foundation provides support to the arts to enhance the quality of life, livability, diversity and vibrancy of our community.

Priority is given to major arts and cultural organizations that provide services to a broad audience and stimulate the cultural vitality of the community.

Funding strategy

We will favor programs that:

Most closely match the Foundation's priorities and show demonstrated results

Do not duplicate or overlap programs of other agencies

Meet important needs not otherwise met

Provide services to a broad public sector

Address underlying causes or issues, rather than treating symptoms

Have generated substantial support from other sources

Geographic focus

Grants are generally directed to organizations that contribute directly to the health and vitality of the corporate headquarters community and the state of Minnesota. Contributions to out-of-state or national organizations will be considered only if they strongly enhance the Securian Foundation's mission and priorities.

Types of funding

General operating support

Capital campaigns for building purchase or renovation and technology upgrades are considered on their individual merits including:

Thoughtful planning by the organization

Demonstration that its future constituency justifies expansion

Demonstration that increased operating costs due to the expansion can be met from revenues generated by the organization, without additional appeals to the Foundation

Demonstration of significant support

Project or pilot program support where the organization has generated substantial support from other sources

Restrictions

In order to maintain focus and achieve greater impact, and in some areas due to federal law, the Foundation does not make grants in the following areas:

Political, lobbying or fraternal activities

Start-up funding for new organizations

Religious organizations for denominational or religious purposes

Organizations that do not have tax exempt status under 501(c)(3) of the Internal Revenue Code

Fundraising events, benefits, sponsorships or advertising support

Individuals or individual scholarships

Endowment campaigns

Athletic, recreation or sports-related organizations

Services traditionally supported by government agencies

International organizations

Trips or tours

Funding for hospitals or other health care services generally supported by third party mechanisms (hospitals, however, are eligible for matching gifts)

Conferences, seminars, workshops or symposiums

Public and private K-12 schools (however, schools are eligible for matching gifts)

Other foundation contributions

In addition to grant funding, the Securian Foundation offers several other contribution programs.

Matching gift

The Securian Foundation will match gifts by Securian associates, retirees and board members to educational institutions nationwide, and arts and cultural organizations and hospitals in the Twin Cities metro area and in communities where Securian has offices.

Resources

Careers

Social

Financial security for the long run® – Securian

Financial security for the long run® – Securian

Insurance products are issued by Minnesota Life Insurance Company or Securian Life Insurance Company, a New York authorized insurer. Minnesota Life is not an authorized New York insurer and does not do insurance business in New York. Both companies are headquartered in Saint Paul, MN. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.

Property and casualty insurance products are issued by Securian Casualty Company, a New York authorized insurer.